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Calculate the value of the ending inventory, cost of goods sold and gross margin under the moving weighted average perpetual system (four decimal points). Problem

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Calculate the value of the ending inventory, cost of goods sold and gross margin under the moving weighted average perpetual system (four decimal points).

Problem 2 Data on the one of the items of inventory of Bear Bella Corporation for the month of November is as follows: Units Sold Unit Price Total Sale Date Items Purchased 2,000 2,100 Unit Cost $3.56 3.62 Total Purchase $7,120 7,602 2,900 $6.50 $18,850 Nov 1* Nov 4 Nov 8 Nov 10 Nov 16 Nov 22 Nov 28 3,400 3.70 12,580 1,600 6.70 10,720 2,600 3.60 9,360 1,400 6.70 9,380

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